Egyptian-Malaysian Oil Plant Worth $100 Million

The Investment Ministry and the Malaysian Patroness Oil Company agreed that latter pump new investments into the Egyptian market including establishing a massive plant for producing and packaging oil and lubricants with $100 million investments, said Investments Minister Osama Saleh.

The minister, in a meeting with Patroness delegation, discussed means of boosting joint cooperation and measures needed to increase Patrons investment in Egypt, adding the company seeks to export its products to the Egyptian market, African and Middle East countries.

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